Cineworld Group (CINE) Given Overweight Rating at J P Morgan Chase & Co

J P Morgan Chase & Co reissued their overweight rating on shares of Cineworld Group (LON:CINE) in a research note released on Wednesday. They currently have a GBX 780 ($10.50) target price on the stock.

Several other equities analysts have also recently issued reports on the company. Deutsche Bank restated a buy rating and issued a GBX 825 ($11.10) price target on shares of Cineworld Group in a research report on Wednesday, November 29th. Numis Securities restated a buy rating and issued a GBX 825 ($11.10) price target on shares of Cineworld Group in a research report on Tuesday, November 28th. Canaccord Genuity restated a hold rating and issued a GBX 700 ($9.42) price target on shares of Cineworld Group in a research report on Thursday, November 23rd. Peel Hunt restated an add rating and issued a GBX 725 ($9.76) price target on shares of Cineworld Group in a research report on Thursday, November 23rd. Finally, N+1 Singer restated a buy rating and issued a GBX 770 ($10.36) price target on shares of Cineworld Group in a research report on Monday, November 20th. Two investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. Cineworld Group has a consensus rating of Buy and an average target price of GBX 763.75 ($10.28).

Shares of Cineworld Group (CINE) traded down GBX 13.50 ($0.18) during mid-day trading on Wednesday, reaching GBX 519.50 ($6.99). The company had a trading volume of 4,515,198 shares, compared to its average volume of 889,722. Cineworld Group has a 1 year low of GBX 508.50 ($6.84) and a 1 year high of GBX 744.90 ($10.03).

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Cineworld Group Company Profile

Cineworld Group plc is a United Kingdom-based international cinema chain. The Company operates in approximately nine countries. The Company operates through two segments: UK and Ireland, and Central and Eastern Europe and Israel (CEE & I). The Company has approximately 220 cinemas with over 2,010 screens.

Analyst Recommendations for Cineworld Group (LON:CINE)

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